Pembroke VCT PLC Issue of Equity (4884V)
09 April 2019 - 1:08AM
UK Regulatory
TIDMPEMV TIDMPEMB
RNS Number : 4884V
Pembroke VCT PLC
08 April 2019
Pembroke VCT plc (the "Company")
Issue of B Ordinary Shares of 1p each ("B Ordinary Shares")
pursuant to an Offer for Subscription of up to GBP20 million of B
Ordinary Shares with an over-allotment facility of up to a further
GBP10 million of B Ordinary Shares (the "Offer")
On 5 April 2019, 6,195,912 B Ordinary Shares (the "Shares") were
allotted pursuant to the Offer. In accordance with the terms and
conditions of the Offer, the offer prices at which the Shares were
allotted were calculated by reference to the unaudited net asset
value of a B Ordinary Share in the Company as at 30 September 2018
being 112.31p per B Ordinary Share. The offer prices at which the
Shares were issued and allotted ranged from 112.36p to 120.76p per
B Ordinary Share.
Following this allotment, the Company's issued share capital is
as follows:
-- 18,097,588 Ordinary Shares (including 2 Ordinary Shares issued as subscriber shares)
-- 47,878,933 B Ordinary Shares
Therefore, the total number of voting rights in the Company is
65,976,521. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change of
interest in, the Company under the FCA's Disclosure and
Transparency Rules.
Application for the Shares to be admitted to the Official List
of the UK Listing Authority and to trading on the London Stock
Exchange's main market for listed securities will be made shortly
and dealings are expected to commence on or around 18 April 2019.
CREST accounts are expected to be credited as soon as practicable
following the allotment and definitive documents of title are
expected to be dispatched within ten business days of
allotment.
For further information, please contact:
Pembroke VCT plc/ Oakley Investment Managers LLP (Manager)
020 7766 2836
Andrew Wolfson/ David Till
The City Partnership (UK) Limited (Company Secretary)
0131 243 7215
Doreen Nic
Cornerstone Communications
07917 080 365
Richard Acworth
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contact rns@lseg.com or visit www.rns.com.
END
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April 08, 2019 11:08 ET (15:08 GMT)
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